Ipo | The Asian Age

Tuesday, Apr 23, 2024 | Last Update : 11:17 PM IST

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Sebi Chairman Ajay Tyagi said that liquidity needs to increase in terms of better price discovery, more trading and dispersed shareholding, among others. (Photo: File | PTI)

Need to examine various issues on 35 pc minimum public shareholding plan: Sebi chief

Currently, listed companies should have at least 25 per cent public shareholding.

21 Aug 2019 8:07 PM

Currently, the bank has a consumer base of about 6 million using its SBI Card services for payment of products and services.

SBI proposes to dilute stake in credit card business

The country's largest lender currently holds 74 per cent stake in SBI Cards & Payment Services Private Limited.

14 Aug 2019 3:58 PM

Uber’s report, its shares fell 6 per cent and Lyft dropped nearly 2 per cent. (Photo: AP)

Uber loses USD 5 billion, misses Wall Street targets despite easing price war

The company’s core business, ride-hailing, grew revenue only 2 per cent to USD 2.3 billion.

09 Aug 2019 9:27 AM

The sources said that three to four RRBs are eligible to come out with initial public offer (IPO) and they may hit the capital market this year.

Govt identifies 3-4 regional rural banks for IPOs; public issue likely this year

The bank consolidation exercise is going on to bring the number of RRBs to 38 from the current 45, sources said.

28 Jul 2019 1:12 PM

The scrip listed at Rs 1,180, reflecting a huge gain of 21.27 per cent from the issue price on the BSE.

IndiaMART InterMESH shares make robust debut; zoom over 21 per cent

The Rs 475-crore initial public offering of IndiaMART InterMESH was subscribed over 36 times last month.

04 Jul 2019 12:41 PM

Walmart Inc in May last year had announced that it is buying 77 per cent stake in Flipkart for about USD 16 billion (Rs 1.05 lakh crore).

IPO in long-term strategy, currently focused on driving e-commerce growth: Flipkart

Walmart-owned company is currently focussed on getting 200-300 million new Indians into the e-commerce fold.

24 Jun 2019 8:09 PM

The price band is set at Rs 970-973 per equity share of face value of Rs 10 each.

IndiaMart IPO opens, to raise over Rs 474 crore

The company has offered 48,87,862 equity shares in the issue, which will close on June 26.

24 Jun 2019 11:45 AM

At the upper end of the price band, IndiaMart InterMesh's IPO is expected to raise about Rs 475 crore.

IndiaMart's Rs 475-cr IPO to open on June 24; price band fixed at 970–973 per share

Promoters Dinesh Chandra Agarwal and Brijesh Kumar Agrawal will sell 14,30,109 shares through the issue.

19 Jun 2019 4:55 PM

Airtel Africa intends to proceed with an initial public offering for admission and listing of its shares on the main market of London Stock Exchange. (Photo: PTI)

Airtel Africa to raise USD 750 million via IPO, eyes London listing

Airtel Africa is also considering listing its shares on the Nigerian Stock Exchange.

04 Jun 2019 10:51 AM

"Airtel Africa Ltd announces that a registration document relating to the company has received approval from the UK Financial Conduct Authority...," Airtel Africa said on its website. (Photo: File | PTI)

Airtel Africa's IPO related 'registration document' gets UK FCA nod

The company is eyeing a June listing for the initial public offer in London.

29 May 2019 2:35 PM

In early 2017, the company slashed incentives by around 30 per cent overnight, said three former Uber India executives, who declined to be named.

As Uber gears up for IPO, many Indian drivers talk of shattered dreams

Decision to cut incentives sharply had disappointed several members of Uber’s India team back then, the executive said.

08 May 2019 3:37 PM

But supporters hope it will serve as a reminder to investors that Uber's gig economy model is likely to face more legal and regulatory scrutiny. (Photo: AP)

Uber hit with Australia class action ahead of stock listing

This comes at sensitive time for the company, as it prepares to sell 207 million shares, raising up to USD 10 billion in a US IPO.

03 May 2019 9:46 AM

Uber executives arrived in New York after their roadshow in London on Monday. (Photo: AP)

Uber takes IPO roadshow to New York as demand builds up

Uber is set to price its USD 10 billion IPO on May 9, seeking a valuation of up to USD 90 billion.

01 May 2019 12:53 PM

The Uber IPO would rank as the largest in the United States since that of Chinese e-commerce giant Alibaba Group Holding Ltd in 2014.

Uber unveils IPO terms that are well below expectations

The lower valuation reflects the poor stock performance of smaller rival Lyft Inc following its IPO last month.

28 Apr 2019 1:05 PM

IndiaMart expects to raise Rs 3,250 crore from the initial public offer (IPO).

IndiaMart expects 29 pc CAGR revenue growth in next 2 yrs

The company posted revenue of Rs 429 crore in 2018-19 and operating profit of Rs 46 crore.

21 Apr 2019 4:45 PM

"We are working to bring IPO of Indian Railway Catering and Tourism Corporation (IRCTC) and IRFC by September. IRFC may have to go to Cabinet again after elections," an official said.

Govt targets IRCTC, IRFC IPOs by Sept, to raise about Rs 1,500 cr

While IRCTC IPO could fetch about Rs 500 crore, public offering of IRFC could garner close to Rs 1,000 crore to government.

17 Apr 2019 5:40 PM

The electric wires and cables maker raised 13.46 billion rupees (USD 193.44 million) through an initial public offering.

Polycab India's shares surge on market debut

The stock was trading at 647.5 rupees by 0432 GMT, compared with the IPO price band’s higher end of 538 rupees.

16 Apr 2019 11:48 AM

Drivers complain about declining earnings, and they can easily switch between platforms, making it difficult for either company to further reduce driver costs and keep fares cheap for passengers. (Photo: AFP)

Uber reveals strong growth, huge losses ahead of IPO

Uber racked up nearly USD 8 billion in losses over its 10 years in existence.

14 Apr 2019 2:58 PM

Investors and analysts said technology unicorn IPOs are losing their luster. (Photo: AP)

Lyft's stock slide casts long shadow on Uber's IPO

Lyft’s poor stock performance bodes ill for these IPOs, especially for companies like Uber with no profits to show.

12 Apr 2019 1:31 PM

Rail Vikas Nigam Ltd Rs 480 crore initial public offer (IPO) was subscribed 1.8 times earlier this month and price range for the issue was fixed at Rs 17-19 per share. (Photo: File | PTI)

Rail Vikas Nigam Ltd shares make flat debut; list at Rs 19

The company's market valuation stood at Rs 4,003.24 crore on the BSE.

11 Apr 2019 12:26 PM

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Aakar Patel